Paraguay Turns 1,500 Seized Rigs Into State-Led Bitcoin Mining Program
Paraguay’s National Electricity Administration (ANDE) has partnered with Morphware to restart 1,500 confiscated Bitcoin mining rigs, powering them with excess hydroelectric energy and operating under government oversight. The plan, announced March 4, 2026, puts seized hardware back into service rather than leaving it idle or selling it, with Morphware handling technical deployment and ANDE managing grid integration and supervision.
The move is notable for combining renewable surplus power with a state-led mining model, which could create a new revenue stream for public coffers while aiming to limit additional grid strain. Observers say the program may set a regional precedent for how governments repurpose seized crypto assets and cooperate with private operators; it could also raise transparency and legal-traceability expectations. The arrangement may boost Morphware’s profile (XMW) and is a modest development for Bitcoin (BTC) mining capacity, but its main significance is regulatory and operational rather than market-shifting.